INVESTHK VISITS MIDDLE EAST TO ATTRACT BUSINESS INVESTMENT TO HONG KONG

Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit to the Middle East from today (April 6) to April 10, with key engagements in Saudi Arabia and the United Arab Emirates (UAE).

HONG KONG SAR - Media OutReach Newswire - 6 April 2025 - Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit to the Middle East from today (April 6) to April 10, with key engagements in Saudi Arabia and the United Arab Emirates (UAE). The visit underscores Hong Kong's commitment to deepening economic ties with these dynamic markets and promoting the city as a premier gateway for Middle Eastern businesses seeking opportunities on the Mainland and in the broader Asia-Pacific region.

Hong Kong has a strong, long-standing and ever-growing relationship with the Gulf region including Saudi Arabia and the UAE, marked by increasing co-operation in finance, trade, and investment. The city's merchandise trade with the Cooperation Council for the Arab States of the Gulf reached US$21.6 billion in 2023. These partnerships are further strengthened through initiatives such as the Belt and Road Initiative, which fosters greater connectivity and economic opportunities.

"Amid an increasingly complex global landscape and geopolitical uncertainties, countries in the Middle East are actively diversifying their investments. Hong Kong, as a global financial centre and a 'super connector' between the Mainland, Asia, and the rest of the world, is uniquely positioned to support this shift," said Mr Ng. "Under the 'one country, two systems' principle, our city offers a robust legal system, free flow of capital and information, and internationally aligned regulations. Beyond finance, Hong Kong is also a hub for trade, logistics, innovation and professional services. It serves as a gateway for Middle Eastern partners to tap into the Mainland and the broader Asia-Pacific region."

As part of its commitment to financial diversification, the city has developed a supportive platform for Islamic finance, including sukuk issuance and tax law amendments to ensure a level playing field with conventional bonds and the successful launch of three government sukuk. It continues to welcome more Islamic financial institutions and products to leverage Hong Kong's international financial platform and tap into opportunities across Asia and the Mainland.

During his visit to Riyadh, Jeddah and Dubai, Mr Ng will participate in numerous high-level business roundtables co-organised with Asia House, bringing together representatives from prominent businesses, family offices, and investors. He will also meet with representatives from leading Middle Eastern companies and discuss how establishing a presence in Hong Kong can drive their global expansion strategies.

These engagements aim to strengthen economic ties, foster collaboration, and attract more businesses from the Middle East to invest and expand through Hong Kong. By leveraging Hong Kong's unique position as a global financial and multinational supply chain management hub, InvestHK seeks to facilitate mutually beneficial partnerships that drive innovation and growth across regions.

By InvestHK

Source: VIR

Related News

VIETNAM ECONOMY INVESTMENT

HCMC LOOKS TO LURE US$11 BILLION IN FDI FOR 2026

To reach the milestone – a significant jump from US$8.37 billion in 2025 – the city is adopting a selective high-quality approach. Priority is given to high-tech and digital transformation with semiconductor, AI, and data centers; logistics and finance with the Vietnam International Financial Center in HCMC and the Cai Mep Ha Free Trade Zone and smart infrastructure with transitioning existing industrial parks into eco-smart models.

Mar 04, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

DURIAN EXPORTS PROJECTED TO HIT US$1 BILLION IN Q1

Vietnam can gain US$1 billion in revenue from durian products exports within the first quarter of this year, provided that customs clearance at northern border gates remains favorable. This optimistic outlook was given by the Agency of Foreign Trade under the Ministry of Industry and Trade following a good start to the year, with January figures reaching over US$117 million, up by a staggering 275% year-on-year.

Mar 04, 2026

GARMENT / TEXTILE

MANUFACTURING SECTOR HITS FOUR-MONTH HIGH ON STRONGER DEMAND

Vietnam’s manufacturing sector expanded at a faster pace in February, with the Purchasing Managers’ Index (PMI) rising to 54.3 from 52.5 in January, marking the strongest improvement in four months, according to S&P Global. The reading remained well above the 50-point threshold that separates expansion from contraction. It also extended the sector’s current growth streak to eight consecutive months, reflecting improving business conditions.

Mar 04, 2026

VIETNAM ECONOMY INVESTMENT

TRADE DEFICIT WIDENS IN EARLY FEBRUARY AS IMPORTS SURGE

Vietnam posted a trade deficit of about US$948 million in the first half of February 2026, as imports rose faster than exports, according to preliminary data from the Department of Vietnam Customs. Total trade between February 1 and 15 reached US$41.67 billion. Exports stood at US$20.36 billion, while imports totaled US$21.31 billion.

Feb 27, 2026

VIETNAM ECONOMY INVESTMENT

FRANCE SEES VIETNAM AS KEY EXPORT MARKET IN 2026

France’s public investment bank Bpifrance has ranked Vietnam among the five most promising export markets for French companies in 2026, alongside Indonesia, Morocco, Canada, and the United Arab Emirates, reported the Vietnam News Agency. The assessment highlights Vietnam as a destination with strong growth potential at a time when global trade remains volatile and many exporters still focus on traditional markets such as Germany, the United States, and China.

Feb 27, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

HCMC SEES 14 MILLION PASSENGER TRIPS DURING LUNAR NEW YEAR

HCMC handled more than 14 million passenger trips during the nine-day Lunar New Year (Tet) holiday from February 14 to 22, according to the city’s Department of Construction. Le Hai Phong, deputy head of the Road Transport Management Division under the Department of Construction, told a press briefing on February 26 that transport services met strong travel demand while traffic accidents declined and no serious incidents or prolonged congestion were reported.

Feb 27, 2026